Sourcing Manager

Sourcing Manager at Barclays

Join us as a Sourcing Manager at Barclays to optimise and address Barclays 3rd party spend requirements. This includes the definition, development, and implementation of approaches for relevant spend categories and requirements, with close collaboration with the business and execution of strategic sourcing and buying channel development/optimisation.

To be successful as a Sourcing Manager you should have experience with:

• Sourcing management
• Category management, especially in IT Services
• Stakeholder management

Some other highly valued skills may include:

• Attention to detail
• Excellent time management skills
• Being a self-starter

You may be assessed on key critical skills relevant for success in the role, such as risk and controls, change and transformation, business acumen, strategic thinking and digital and technology, as well as job-specific technical skills.

Purpose of the role

To optimise and address Barclays 3rd party spend requirements, including the definition, development, and implementation of approaches for relevant spend categories and requirements with close collaboration with the business and execution of strategic sourcing and buying channel development/optimisation.

Accountabilities

• Profile spend in category area and develop understanding of business strategy, business requirements, cost levers, and opportunities. Collaborate with internal stakeholders to identify sourcing needs, develop requests for proposals, and ensure sourcing activities align to the bank's needs and priorities.
• Planning and execution of sourcing events including RFP/ RFXs, negotiations to best meet the business requirements for value, speed, compliance, risk.
• Monitoring and guiding of controls and compliance requirements to be met through the category and sourcing cycle from request to contract, including regulatory engagement, controls, audits, data quality, etc.
• Development, implementation, and operation of policies and procedures for sourcing activities aligned to the policies, standards, relevant compliance, and regulation.
• Identification and delivery of change opportunities to improve effectiveness, control, and efficiency of sourcing processes, including buying channel optimisation for relevant categories of spend (catalogues, demand challenge, etc.).
• Identification of industry trends and development related to sourcing and category management by attending conferences, participating in training, and conducting market research on techniques and tools.

Assistant Vice President Expectations

• Advise and influence decision-making, contribute to policy development, and take responsibility for operational effectiveness. Collaborate closely with other functions/business divisions.
• Lead a team performing complex tasks, using well-developed professional knowledge and skills to deliver on work that impacts the whole business function. Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives, and determination of reward outcomes.
• If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviors to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviors are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others.

All colleagues will be expected to demonstrate the Barclays Values of Respect, Integrity, Service, Excellence, and Stewardship – our moral compass, helping us do what we believe is right. They will also be expected to demonstrate the Barclays Mindset – to Empower, Challenge, and Drive – the operating manual for how we behave.